This year’s most read was dominated by the sad demise of national haulier Canute, which never recovered from the end of its long-term contract with retailer Wilko last year. The contract was picked up Wincanton and represented more than 30% of Canute Group’s revenue at that time – a staggering £30m. Reports that Canute had been late paying staff surfaced in the spring as did eight O-licences in the name of Almtone. The O-licences named Canute’s Gamston depot as Almtone’s location […]
More than 330 jobs have been saved after the administrator at Nottinghamshire-based Promotional Logistics sold three of its sites in a management buy-out.
Palletways bought Dalkeith for the second time this year, after it went into administration in August.
Carlson Vehicle Transfer, part of Groupe Cat, has bought some of the remaining assets of Quantum Automotive out of administration. Quantum appointed administrators Simon Plant and Daniel Plant of SFP on 31 January just days before the assets of sister-firm Sensible Transport were acquired by Autologic after it fell into administration with debts of almost £1m. Stuart Warren, MD of Carlson, tells MT: “We bought a few remaining assets and we are looking to take on a contract with one […]